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10th July 2021 Current Affairs


10th July 2021 Current Affairs


GK Update of tenth July 2021 masking the next information headlines: Kempegowda heritage websites, Federal Bank, International Cricket Council, Bharat Dynamics Limited, Power Salute.

States News

1. Karnataka to develop 46 Kempegowda heritage websites in Bengaluru

  • The Karnataka state authorities has determined to develop 46 Kempegowda heritage websites situated in Bengaluru Urban, Bengaluru Rural, Ramanagara, Chikballapura, and Tumakuru districts, in a bid to advertise tourism.
  • According to Chief Minister B S Yediyurappa, the websites recognized to be in three circuits could be developed at a value of Rs 223 crore for selling tourism.
  • According to the Authority, these websites are developed to assist individuals acknowledge the contribution of Kempegowda or Nada Prabhu Kempegowda, the founding father of Bengaluru.

Important takeaways for all aggressive exams:

  • Karnataka Capital: Bengaluru;
  • Karnataka Chief minister: B. S. Yediyurappa.

2. Manipur enters India’s railway map as first passenger prepare reaches the state

  • A passenger prepare Rajdhani Express from Assam’s Silchar railway station has reached the Vaingaichunpao railway station in Manipur for a trial run, placing the state on the Indian Railways map.
  • The prepare coated the gap of 11 km between the 2 northeastern stations, with railway officers onboard.
  • The prepare halted briefly at Manipur’s Jiribam railway station, the place railway officers have been greeted by native residents earlier than the nationwide flag was hoisted accompanied by the nationwide anthem.
  • Notably, the Vaingaichunpao-Imphal (capital of Manipur) railway line can also be beneath building. Once accomplished, it will likely be the longest railway tunnel close to Imphal.

Important takeaways for all aggressive exams:

  • Chief Minister of Manipur: N. Biren Singh; Governor: Najma Heptulla.

Appointments News

3. Federal Bank will get RBI nod to re-appoint Shyam Srinivasan as MD & CEO

  • Federal Bank shareholders have accepted the movement to re-appoint Shyam Srinivasan because the Managing Director and Chief Executive Officer of the lender for a interval of three years.
  • His reappointment will come into impact from September 23, 2021, to September 22, 2024. Srinivasan took over as Federal Bank MD & CEO in 2010 and has been on the helm since then.
  • Srinivasan is among the many few international bankers who selected to maneuver to smaller Indian banks after pretty lengthy, profitable stints in international banks (the others embrace RBL Bank’s Vishwavir Ahuja and DCB Bank’s Murali Natrajan).
  • Over the final decade, Srinivasan has been on the helm of Federal, the financial institution has reworked right into a mid-sized non-public financial institution with a powerful deal with retail enterprise, together with gold loans and funding small and medium entrepreneurs.

Important takeaways for all aggressive exams:

  • Federal Bank Headquarters: Aluva, Kerala;
  • Federal Bank Founder: K.P Hormis;
  • Federal Bank Founded: 23 April 1931.

4. ICC releases Manu Sawhney as CEO

  • The International Cricket Council (ICC) has discontinued the providers of Manu Sawhney because the Chief Executive Officer (CEO) with speedy impact. The choice was taken by the ICC Board throughout its assembly.
  • Geoff Allardice will proceed as Acting CEO supported by the Leadership Team working intently with the ICC Board.
  • Sawhney was suspended in March following numerous allegations in an inner overview performed by an exterior company. While Sawhney had referred to the overview as a witch-hunt, the ICC Board on Thursday determined to sever ties with the sports activities administration veteran.

Important takeaways for all aggressive exams:

  • ICC Headquarters: Dubai, United Arab Emirates;

  • ICC Founded: 15 June 1909;

  • ICC Deputy Chairman: Imran Khwaja;

  • ICC Chairman: Greg Barclay.

Agreements News

5. Bharat Dynamics Ltd indicators Rs 499-crore cope with Indian Air Force

  • The Bharat Dynamics Limited (BDL) has signed a contract with the Ministry of Defence for the manufacture and provide of Akash missiles to the Indian Air Force (IAF). The whole value of the deal is round Rs 499 crore.
  • CMD, BDL Commodore Siddharth Mishra (Retd) acknowledged that BDL is supplying Akash Missiles to the Indian Army and Indian Air Force.
  • With the announcement from the Union Cabinet relating to clearance of Akash Weapon System for Export, the Company is exploring providing Akash for export to international international locations.
  • Akash is a medium-range cell surface-to-air missile (SAM) system, being developed beneath India’s Integrated Guided Missile Development Programme (IGMDP).
  • BDL is the prime manufacturing company for initiatives beneath IGMDP.
  • Akash missile is developed by the Defence Research and Development Organisation (DRDO) and produced by Bharat Dynamics Limited (BDL), each for the Indian Army and the Indian Air Force.

Banking News

6. RBI imposes financial penalty on 14 banks for non-compliance

  • The RBI  has imposed penalties on SBI, Bank of Baroda, IndusInd Bank, Bandhan Bank and 10 different lenders for contravention of varied regulatory norms, together with on lending to NBFCs.
  • The penalty imposed on the 14 banks totals Rs 14.5 crore, with a most Rs 2 crore fantastic on Bank of Baroda.
  • The central financial institution imposed Rs 2 crore penalty on the Bank of Baroda, Rs 1 crore every on 12 different banks and Rs 50 lakh on the State Bank of India.
  • RBI imposed Rs 1 crore penalty every on Bandhan Bank, Bank of Maharashtra, Central Bank of India, Credit Suisse AG, Indian Bank, IndusInd Bank, Karnataka Bank, Karur Vysya Bank, Punjab and Sind Bank, South Indian Bank, The Jammu & Kashmir Bank and Utkarsh Small Finance Bank.

Important takeaways for all aggressive exams:

  • RBI twenty fifth Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

7. Axis Bank indicators MOU with Indian Army to supply defence service wage bundle

  • The nation’s third-largest non-public lender Axis Bank has signed MOU with the Indian Army providing a defence service wage bundle beneath its “Power Salute” initiative.
  • The Defence service wage bundle will supply totally different advantages to all ranks of military officers. The advantages of the MoU will cowl each serving Defence personnel as nicely Defence pensioners.
  • According to the financial institution, it is going to supply–Personal unintentional cowl of as much as ₹56 lakh to all military personnel; further as much as 8 lakh training grant; whole Permanent Disability Cover profit as much as 46 lakh; everlasting partial incapacity cowl of as much as ₹46 lakh; air accident cowl of ₹1 crore, and free further debit card for a member of the family.

Important takeaways for all aggressive exams:

  • Axis Bank Headquarters: Mumbai;
  • Axis Bank Founded: 1993;
  • Axis Bank MD and CEO of Axis Bank: Amitabh Chaudhry.

8. Axis Bank and Max Bupa Health Insurance enter right into a Bancassurance partnership

  • Max Bupa Health Insurance, a standalone well being insurer, has entered right into a bancassurance partnership with Axis Bank, the nation’s third-largest non-public sector financial institution.
  • This partnership will assist present complete medical health insurance options to Axis Bank’s staff and clients.
  • The tie-up will allow hundreds of thousands of Axis Bank clients throughout 4,500 plus branches to realize entry to high quality healthcare options by a spread of medical health insurance merchandise provided by Max Bupa.
  • Max Bupa Health Insurance will supply indemnity in addition to fastened profit merchandise, and their customisable variants to the various clients of the financial institution throughout the nation.
  • Axis Bank additionally has an current medical health insurance tie-up with Aditya Birla Health Insurance. Bancassurance is a relationship between a financial institution and an insurance coverage firm that’s aimed toward providing insurance coverage merchandise to the financial institution’s clients.

Important takeaways for all aggressive exams:

  • Max Bupa Health Insurance CEO: Krishnan Ramachandran;
  • Max Bupa Health Insurance Headquarters: New Delhi, India;
  • Max Bupa Health Insurance Founded: 2008.

Awards News

9. Zaila Avant-garde Wins 2021 Scripps National Spelling Bee

  • Zaila Avant-garde, an African-American, from New Orleans in Louisiana, has gained the 2021 Scripps National Spelling Bee.
  • The 14-year-old Avant-garde, who can also be an completed basketball participant, is the primary African-American contestant to win the celebrated competitors in its 93 years historical past.
  • The Eighth-grader Avant-garde appropriately spelt “Murraya”, a genus of tropical Asiatic and Australian timber having pinnate leaves and flowers, to win a USD 50,000 prize.
  • Scripps National Spelling Bee is an annual spelling bee held within the United States, for youngsters of South Asian descent, to assist college students enhance their spelling, improve their vocabularies, study ideas and develop right English utilization that may assist all of them their lives.

Books and Authors

10. Kareena Kapoor introduces a e-book “The Pregnancy Bible”

  • Kareena Kapoor Khan has introduced her new e-book titled Kareena Kapoor Khan’s Pregnancy Bible.
  • The actor has additionally known as it her ‘third baby. She shared her expertise whereas writing the e-book. She was seen sporting a purple slip gown as she saved her hair unfastened parting it within the center. She was seen naked ft standing close to the kitchen countertop.

Important Days

11. National Fish Farmers’ Day: 10 July

  • National Fish Farmers’ Day is well known yearly on 10 July, by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying in affiliation with the National Fisheries Development Board (NFDB).
  • The occasion goals to attract consideration to altering the best way the nation manages fisheries sources to make sure sustainable shares and wholesome ecosystems.
  • This day is made to honour the fish farmers, aquapreneurs, fisherfolks, stakeholders and whoever else is related within the fishery for his or her contribution within the fishery.
  • The day is commemorated yearly in remembrance of scientists Dr K H Alikunhi and Dr H.L. Chaudhury who had invented induced breeding know-how of Indian main carps on 10 July 19572021 will mark twenty first National Fish Farmers’ Day.

Miscellaneous News

12. National Film Archive of India provides Aamir Khan’s ‘PK’ to its assortment

  • National Film Archive of India (NFAI) has introduced a major addition of the unique digital camera detrimental of Rajkumar Hirani’s 2014 movie ‘PK’ in its assortment.
  • The filmmaker handed the negatives over to Director NFAI, Prakash Magdum, in Mumbai.
  • The National Film Archive of India was established as a media unit of the Ministry of Information and Broadcasting in 1964.

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